Answer: $7185
Explanation: Shareholders equity refers to the amount of funds that are collected by the company by selling their ownership rights in the market to the general investors.
As per the subject matter of accounts, every asset that is owned by an organisation is either financed by the available funds or some liability is taken to buy it. This could be illustrated as follows :-
assets = shareholders equity + liabilities
Putting the values into equation we get :-
$2280 + $ 10,400 = $1,405 + $4090 + shareholders equity
therefore :-
shareholders equity = $7185
Latin American businesspeople frequently come after the agreed meeting time because they prefer to first spend time establishing a good relation. They also conduct meetings informally, allowing them to show up well past the appointed time.
Goals drive business communication. People inside and outside of an organization must be informed of the rules, regulations, and policies of that organization. Business communication is governed by a set of standards and guidelines. Early corporate communication was restricted to written correspondence, telephone calls, etc. However, with the advancement of technology, we now have satellite communication, cell phones, video conferencing, emails, and more to facilitate corporate communication. Effective business communication contributes to an organization's reputation-building efforts.
Any firm depends on its customers. You may maintain effective contact with your consumers and create enduring relationships if you work on developing excellent interpersonal skills.
Customers who are satisfied will promote your company. They advertise and endorse your company. They are, however, also more understanding when things don't go as planned.
Learn more about effective communication here
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Answer:
E. property damage auto 5. pays if insured is at fault and someone else's-
property is damaged
Answer:
The answer is: $3,289
Explanation:
<u>Date</u> <u>Units </u> <u>Unit price</u> <u>Inventory</u> <u>Average cost</u>
Purchases
Nov. 1 103 units $20 per unit $2,060 $20 per unit
Nov. 5 103 units $22 per unit $4,326 $21 per unit
Nov. 8 53 units $23 per unit $5,545 $21.41 per unit
<u>Nov. 19 30 units $25 per unit $6,295 $21.78 per unit</u>
TOTAL 289 units $21.78 per unit $6,295 $21.78 per unit
Sales
Nov. 16 -138 units $21.78 per unit $3,006 $21.78 per unit
Ending inventory
Nov. 30 151 units $21.78 per unit $3,289 $21.78 per unit
Answer:
The common-size percentage of the equity is c. 66.87 percent
Explanation:
Total asset of the firm = Inventory + Cash + Net fixed assets + Accounts receivable = $46,500 + $1,250 + $318,650 + $16,600 = $383,000
Liabilities = Accounts payable + Long-term debt = $17,400 + $109,500 = $126,900
Basing on Accounting Equation Formula
:
Total Assets = Liabilities + Owner’s Equity
Owner’s Equity = Total Assets - Liabilities = $383,000 - $126,900 = $256,100
The common-size percentage of the equity = ($256,100/$383,000) x 100% = 66.87%
